U.S. stock futures point to bounce back on Wall Street
U.S. stock index futures on Thursday were pointing to a bounce back as more corporate earnings were reported...
U.S. stock index futures on Thursday were pointing to a bounce back as more corporate earnings were reported for the quarter, though the main benchmarks remained as key indexes remain locked in the range of the past few trading sessions.
Dow Jones Industrial Average futures YM00, 0.70% rose 244 points, or 0.7%, to 34239.
S&P 500 futures ES00, 0.77% gained 34.75 points, or 0.8%, to 4165.
Nasdaq 100 futures NQ00, 1.18% increased 149.5 points, or 1.2%, to 12695.
US stock indexes fall early Wednesday, as investors pick over Jerome Powell's latest...
US stock indexes fall early Wednesday, as investors pick over Jerome Powell's latest comments for hints of an easing in Fed rate hikes. Meanwhile, Turkey's stock exchange has suspended trading amid a big selloff triggered by the huge earthquakes. Here are the latest market moves.
On the docket:, Disney, Uber, and Dominion Energy, all reporting.
Fire Breaks Out at Russian Oil Refinery Near Ukrainian Border
A fire broke out on Feb. 8 at an oil refinery in Russia's southern Rostov region near the border with...
A fire broke out on Feb. 8 at an oil refinery in Russia's southern Rostov region near the border with Ukraine and was later extinguished, state media reported, citing the emergencies ministry.
"In Rostov Region, Novoshakhtinsk city ... a message was received at 10:24 a.m. Moscow time about a fire on the territory of an oil products processing plant," the ministry said.
Feb. 8's fire was the second in two days to hit a Russian refinery, following an incident on Feb. 7 at a Lukoil unit in Nizhny Novgorod, east of Moscow.
Freeport LNG on track to stop getting natgas at Texas export plant
Freeport LNG's long-idled liquefied natural gas (LNG) export plant in Texas was on track to receive...
Freeport LNG's long-idled liquefied natural gas (LNG) export plant in Texas was on track to receive no natural gas from pipelines on Tuesday after receiving small amounts of fuel over the past 12 days, according to Refinitiv data.
Since Jan. 26 when federal regulators approved the company's plan to start cooling some pipes, the plant has pulled in an average of 34 million cubic feet per day of pipeline gas.
That is a fraction of what the plant can pull in when operating at full power. Freeport can turn about 2.1 billion cubic feet of gas into LNG each day, which is about 2% of total U.S. daily gas production.
Markets weigh U.S. inventory draw, supply disruptions
Data from the American Petroleum Institute (API) showed that ...
Data from the American Petroleum Institute (API) showed that U.S. oil inventoriesunexpectedly shrank by 2.1 million barrels in the week of February 3. The reading heralds a similar trend in government data due later in the day, which is forecast to show an inventory build of 2.457 million barrels.
But the API data also showed that gasoline and distillate stockpiles grew in the past week, indicating that retail fuel consumption- a major driver of U.S. demand- still remained under pressure.
U.S. crude inventories expanded over the last six weeks, raising some concerns over demand in the world’s largest oil consumer, as it grapples with relatively high inflation and rising interest rates.
